PHOENIX PETROLEUM PHILIPPINES

Phoenix Petroleum Philippines, Inc. engages in trading of petroleum products and operating of gas stations, oil depots, storage facilities, and allied services. It operates through the following segments: Trading, Depot and Logistics Services, Shipping and Cargo Services, and Real Estate. The Trading segment is involved in marketing, merchandising, purchasing, selling, dealing, acquiring, disposing, and distribution of goods and wares. The Depot and Logistics Services segment operates oil depots, storage facilities, and provides logistics services to entities. The Shipping and Cargo Services segment offers hauling of petroleum products; operation of inter-island going vessels for domestic trade; chartering in and out any vessels, and providing complete marine services. The Real Estate segment comprises of real estate development, management, and operations. The company was founded by Domingo T. Uy and Dennis A. Uy on May 8, 2002 and is headquartered in Davao City, Philippines.